Written by ForexBrokers.com
In this head to head comparison of DooPrime vs BDSwiss, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Founded in 2014, DooPrime is an online broker that is not publicly traded and does not operate as a bank. It holds an impressive four Tier-1 licenses, reflecting a strong regulatory standing and earning it a Trust Score of 83 from ForexBrokers.com. This score indicates that DooPrime is considered a trusted option according to ForexBrokers.com's rating system.
In comparison, BDSwiss, established in 2012, is also not publicly traded and does not function as a bank. Despite being in the business longer, BDSwiss holds only one Tier-1 license and lacks any Tier-2 licenses. It has a Trust Score of 73, placing it in the average risk category by ForexBrokers.com standards. Both brokers offer reliability, but DooPrime stands out with its higher Trust Score and more extensive regulatory licenses.
| Feature |
DooPrime
|
BDSwiss
|
|---|---|---|
| Year Founded | 2014 | 2012 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 2 |
When comparing the online brokers DooPrime and BDSwiss, their approaches to commissions and fees reveal notable differences. DooPrime, awarded 3 out of 5 stars for its commissions and fees, currently lacks specific average spread data, which can make it challenging for traders to assess potential costs. Ranked #59 out of 63 brokers in the Commissions and Fees category by ForexBrokers.com, DooPrime may not meet the needs of those looking for the most competitive fee structures.
On the other hand, BDSwiss, with a rating of 4 out of 5 stars, shows more favorable results in managing fees. Although its standard Classic account charges a relatively steep spread of 1.5 pips on EUR/USD, more competitive options are available with the Raw and VIP accounts. The Raw account offers spreads starting at 0.3 pips plus a $5 commission per side, leading to an effective total spread of about 1.3 pips. For those opting for the VIP account, the spread dips further to 1.2 pips. These structures place BDSwiss at rank #30 out of 63 brokers on ForexBrokers.com for Commissions and Fees.
| Feature |
DooPrime
|
BDSwiss
|
|---|---|---|
| Minimum Deposit | $100 | $10-$5000 |
| Average Spread EUR/USD - Standard | N/A | 1.6 |
| All-in Cost EUR/USD - Active | N/A | 1.3 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
DooPrime offers an extensive range of investments, standing out with a whopping 10,000 tradeable symbols, including 60 forex pairs. Traders at DooPrime can engage in forex trading through CFDs, and have unique access to exchange-traded securities on both U.S. and international exchanges — something BDSwiss doesn’t currently offer. Although DooPrime doesn’t provide options to buy cryptocurrencies directly or through derivatives, it still shines with its copy trading feature, contributing to its 5-star rating for investment range from ForexBrokers.com.
In comparison, BDSwiss, while offering forex trading via CFDs, presents a smaller selection of 1,081 symbols and 53 forex pairs. It doesn't support buying direct or derivative cryptocurrencies but does offer copy trading. BDSwiss clients won't find options to purchase exchange-traded securities on U.S. or international exchanges. Despite these limitations, BDSwiss is still commendable with a 4-star rating for its range of investments, ranked #34 by ForexBrokers.com.
| Feature |
DooPrime
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 1081 |
| Forex Pairs (Total) | 60 | 53 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | No | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing trading platforms and tools, both DooPrime and BDSwiss offer a comprehensive range of features suitable for traders at all levels. Each broker provides a virtual demo account for simulated trading, allowing users to practice without financial risk. Both brokers also have developed proprietary platforms and offer Windows-based desktop, as well as web-based trading solutions, ensuring versatility and ease of access across devices. While they support popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), neither DooPrime nor BDSwiss currently supports DupliTrade or ZuluTrade, potentially limiting choices for those interested in third-party social trading networks. However, they do provide the option for copy trading and feature the ability to trade directly from stock charts, enhancing the overall trading experience.
In terms of charting tools, both DooPrime and BDSwiss equip traders with 15 drawing tools, providing an ample selection for technical analysis. They also offer identical watch list customization with seven columns. Rated 4 out of 5 stars for trading platforms and tools, both brokers rank closely in performance, with DooPrime ranked 25th and BDSwiss 24th out of 63 brokers, according to ForexBrokers.com. This positions both as competitive choices for traders seeking solid platform capabilities and a well-rounded suite of trading tools.
| Feature |
DooPrime
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When choosing a mobile trading app, both DooPrime and BDSwiss offer traders highly capable platforms. Each provides apps compatible with iPhone and Android devices, enabling users to access their trading accounts from anywhere. Both platforms support price alerts for stocks and forex, allowing investors to stay on top of market changes. When it comes to charting capabilities, traders can enjoy 30 technical studies on both DooPrime and BDSwiss apps, with additional features such as drawing trendlines and viewing multiple time frames. Interestingly, both apps automatically save any drawings made on charts, which is a plus for traders who like to perform technical analysis on the go.
Despite these similarities, one area where both apps could improve is watchlist symbol syncing. Neither DooPrime nor BDSwiss offers this feature, which means that any changes made to a watchlist on the mobile app won't sync with the online account. On the bright side, users can create watchlists with real-time quotes on both platforms. In terms of user ratings, both apps hold a strong 4-star rating for their mobile interfaces. According to ForexBrokers.com, BDSwiss ranks just one spot higher than DooPrime in the Mobile Trading Apps category. While both apps have much to offer, traders may need to weigh these points based on personal priorities to decide which platform suits their needs best.
| Feature |
DooPrime
|
BDSwiss
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing DooPrime and BDSwiss in terms of market research offerings, both brokers provide daily market commentary and maintain economic calendars to help traders stay informed about global events. DooPrime stands out by delivering forex news from top-tier sources like Bloomberg and Reuters, whereas BDSwiss does not include this feature. Both platforms provide access to Trading Central's technical analysis tools, though BDSwiss users also benefit from Autochartist's tools, setting it apart in this regard. Neither broker offers sentiment-based trading tools or research services from TipRanks and Acuity Trading.
In terms of overall research ratings, DooPrime and BDSwiss both score 4 out of 5 stars. However, BDSwiss ranks slightly higher, taking the 24th spot in the Research category according to ForexBrokers.com, while DooPrime is positioned at 29th among 63 brokers. These ratings suggest both brokers are competent in providing research tools, with each offering a unique combination of features to assist traders in making informed decisions.
| Feature |
DooPrime
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both DooPrime and BDSwiss provide a solid foundation for learning about forex and CFDs. Each broker offers at least 10 comprehensive educational materials, including articles, videos, and archived webinars focused on these trading areas. Both platforms present an array of beginner and advanced educational videos, ensuring traders can find content tailored to their experience level. Despite these similarities, there are key differences that may influence a new trader's choice depending on their preferred learning style.
BDSwiss stands out with its commitment to hosting live educational webinars every month, and it offers a searchable archive of previously recorded sessions, enhancing the learning experience for those who prefer interactive or on-demand content. Meanwhile, DooPrime does not provide similar webinar resources. BDSwiss also benefits beginners with an extensive investor dictionary, making it a handy tool for those who are new to financial terminology. Both brokers receive a four-star rating for educational offerings; however, BDSwiss holds a slightly higher rank, positioned at #19 compared to DooPrime's #25, according to ForexBrokers.com.
| Feature |
DooPrime
|
BDSwiss
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that DooPrime is better than BDSwiss. DooPrime finished with an overall rank of #28, while BDSwiss finished with an overall rank of #36.
DooPrime is mainly regulated in the UK, as well as two offshore locations (Vanuatu and Mauritius), and offers 10,000 investment products, and multiple platforms including the full MetaTrader suite, and social copy trading platforms. That said, DooPrime trails behind the best brokers in key categories.
| Feature |
DooPrime
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BDSwiss
|
|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 73 |
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Both DooPrime and BDSwiss do not provide the option to buy actual delivered cryptocurrency, but while DooPrime lacks cryptocurrency derivative offerings, BDSwiss enables trading through cryptocurrency derivatives.
When comparing online brokers DooPrime and BDSwiss, DooPrime lacks ACH or SEPA transfer options but supports PayPal, Skrill, Visa/Mastercard, and bank wires, while BDSwiss offers ACH, SEPA, Skrill, Visa/Mastercard, and bank wires, but does not support PayPal.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | DooPrime | BDSwiss | |
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| Trust Score | 83 | 73 | |
| Winner | check_circle | ||
| Review | BDSwiss Review |
| Broker Screenshots | DooPrime | BDSwiss | |
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| Regulation | DooPrime | BDSwiss | |
|---|---|---|---|
| Trust Score | 83 | 73 | |
| Year Founded | 2014 | 2012 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 2 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | BDSwiss | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | DooPrime | BDSwiss | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | DooPrime | BDSwiss | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 1081 | |
| Forex Pairs (Total) | 60 | 53 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | No | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | DooPrime | BDSwiss | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.6 | |
| All-in Cost EUR/USD - Active | N/A | 1.3 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | No |
| Funding | DooPrime | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $100 | $10-$5000 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | DooPrime | BDSwiss | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | DooPrime | BDSwiss | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | DooPrime | BDSwiss | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | DooPrime | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | BDSwiss | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | DooPrime | BDSwiss | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | BDSwiss Review |
| Overall | DooPrime | BDSwiss | |
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| Trust Score | 83 | 73 | |
| Winner | check_circle | ||
| Review | BDSwiss Review |
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